March 22, 2018
The Port Authority of New York and New Jersey said on Thursday its board of commissioners voted to authorize a host of agreements that settle a long-standing dispute with Jersey City, New Jersey, over property tax payments worth $400 million, with the understanding that the city will not contest the tax-exempt status of Port Authority properties located within the city for 25 years.
November 10, 2015
A New Jersey federal judge on Monday rejected claims that the Port Authority of New York and New Jersey engaged in "wholesale aggrandizement" of properties in Jersey City, knocking the allegation down for a second time in a $400 million property tax dispute.
February 19, 2015
A New Jersey federal judge ruled Wednesday that a $400 million suit against the Port Authority of New York and New Jersey over property taxes in Jersey City can proceed, denying the agency's attempt to dodge claims it has unjustly been exempted from payments for decades.
May 22, 2014
The Port Authority of New York and New Jersey was hit Thursday with a federal suit by Jersey City, New Jersey, alleging the agency owes $400 million in back property taxes because it has broadly applied legislative exemptions to dodge tax payments.